June 28, 2012
Re "Suit targets consumer watchdog," Business, June 23 I found it amusing to read that C. Boyden Gray, an attorney in a suit challenging the constitutionality of the Consumer Financial Protection Bureau, complains about how unfair and wrong it is that "if you're a poor beleaguered financial institution … and you are set upon by this bureau, you have no access to the democratic system … to appeal what's happened. " Perhaps Gray might also consider the plight of a private individual set upon by one of those "poor beleaguered financial institutions.
December 3, 2008
Re "U.S. tackles consumer debt market," Nov. 26 OK, I admit that I do not have a degree in economics. However, the information I am reading about "bailouts" defies any logic I know as a consumer. The latest is that the government plans to give billions to industries that will encourage consumer credit. Everyone I know is trying desperately to get out from under credit debt. Can someone who has credit-card debt explain how encouraging the use of further indebtedness through credit can help the average consumer?
January 21, 2014 |
David wants to know if there's a best time to buy cruise tickets. Do you get the best deals if you dive in early and book months in advance, or is it smartest to wait until the last minute and see what's available? ASK LAZ: Smart answers to consumer questions Both approaches have advantages and disadvantages. To find out what the experts say, check out today's Ask Laz video. If you have a consumer question, email me at firstname.lastname@example.org or contact me via Twitter @Davidlaz .
June 7, 2009
Re: David Lazarus' consumer column, "Finally, AT&T writes a contract in plain English," May 31: "The 8,000-word contract was a triumph of consumer-unfriendliness" -- and clearly was written by lawyers on steroids! Michael Lohnberg Agoura Hills
January 15, 2014 |
Julia is apparently having trouble with her mortgage lender because she wants to know how long such companies have to maintain phone records. I'm guessing that she's hoping there's a smoking gun in one of her past conversations with a bank rep. ASK LAZ: Smart answers to consumer questions Federal law requires that big banks keep customers' checking and savings records for a minimum of five years. Mortgage records can vary from state to state, but it looks like most require that such files be kept for at least three years.
April 12, 2013 |
Starbucks is knocking down the suggested retail price for its packaged grounds. The discounts, set to begin May 10, will cover the Seattle coffee giant's packaged coffee in U.S. grocery stores and other retailers, but not at its ever-present coffee shops, said company spokesman Zack Hutson. The price drop also covers the company's Seattle's Best brand. Prices will drop an average of 10%, he said. For example, the price for a 12-ounce bag of Starbucks coffee -- ground or whole-bean -- will drop to $8.99 from $9.99, while a 12-ounce bag of Seattle's Best will also drop a dollar, to $6.99.
May 1, 1988
When people attending the Bruce Springsteen concert pay scalpers $350-$850 for a $25 ticket, it is easy to understand why we have inflation. The consumer is being consumed. MONROE RUBINGER Beverly Hills
September 15, 1991
In its editorial "Help Wanted From the Fed," Sept. 7), The Times wants the Fed to boost economic activity by cutting interest rates even more and "that should help fuel consumer spending and fire up the recovery." The Times seems to forget that millions of consumers depend on interest income to make ends meet. If their interest income goes lower, how would that fuel consumer spending and fire up the economy? C.B. MIRKIN Los Angeles